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To: Richard Goodman who wrote (2892)2/8/1998 12:27:00 PM
From: steve goldman  Respond to of 12617
 
There is nothing per se wrong with being so active (doing 68 trades per day), personally, though, I find I can be as successful on few, far fewer trades. On most occassions, I can achieve far greater returns on 4 to 6 well-placed trades per day. Sure, on certain days, the negative 550's, the down 200's etc., you might just start throwing cash into a greater number of trades, but on average, that many trades seems unmanageable. At $44 profit per trade, there is not much room for mistakes.

Regards,
steve@yamner.com